Tag Archives: House

The chief executives of Facebook, Google and Twitter were in the hot seat once again, as lawmakers grilled them Thursday over their companies’ alleged role in the proliferation of disinformation and misinformation online. The Silicon Valley chief executives have already faced questioning on Capitol Hill multiple times over the past few years. The deadly riot on Jan. 6 at the U.S. Capitol — and the apparent role social media played leading up to the event — loomed large over the virtual… Source link

Bloomberg Biden’s Likely Tax Wins Are Personal-Rate Hikes, Audits of Rich (Bloomberg) — Democrats will likely prove successful in raising individual income tax rates and in strengthening audits of wealthy Americans as they work on overhauling the U.S. tax code in coming months.That’s a key takeaway from a survey of 15 current and former White House and congressional aides specializing in tax policy completed by Bloomberg this month. A tax on unrealized capital gains, as envisioned by… Source link

In the days leading up to yet another expected confrontation between Big Tech leaders and regulation-touting Congressional members, two of the three participating companies took conciliatory actions to lower the temperature. Facebook Inc. FB, +1.18%, vilified by lawmakers and privacy advocates as a font of misinformation on vaccines, pulled an about-face last week: It is in the process of eradicating misleading content from its digital platforms while directing 50… Source link

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link

Bloomberg Asia Hedge Funds Pare Bets on Green Energy After 2020 Surge (Bloomberg) — Asia hedge funds that rode a green investing wave for double-digit returns last year are starting to reduce bets on the sector given the lofty valuations.Apeiron Capital has cut Tesla Inc. to a small position after the electric vehicle maker’s eight-fold surge sparked a 98% return for the $400 million hedge fund in 2020, said founder Yao Wanyi. York Capital Management also trimmed investments in electric… Source link

Bloomberg Fed Dials Up Pressure on Wall Street to Ditch Discredited Libor (Bloomberg) — The Federal Reserve is intensifying its scrutiny of banks’ efforts to shed their reliance on the London interbank offered rate, and has begun compiling more detailed evidence on their progress, according to multiple people with knowledge of the matter.Banks are being asked for specifics on their Libor exposure, their plans for amending contracts tied to the benchmark, and the fallback provisions being… Source link

National Review Mark Cuban Told Mavericks Not to Play National Anthem Before Home Games Mark Cuban, the owner of the Dallas Mavericks, said Tuesday that he decided before the start of the season not to play the national anthem before the team’s home games. “It was my decision, and I made it in November,” Cuban said without further comment. The new policy, which was first reported by the Athletic, makes Dallas the first team to forgo playing the anthem at home games. The Mavericks played… Source link

White House press secretary Jen Psaski held a briefing on Wednesday and was asked by White House Correspondent Hunter Walker if the administration considers the Jan. 6 insurrection at the Capitol an attempted “coup.” Video Transcript – I want to ask you questions on two fronts here. First off, you know, it’s been over a month since the January 6 Capitol attack. And we have not received any kind of public briefing from the Capitol Police. A lot of people have raised concerns about that. Does… Source link

WASHINGTON — A growing number of House Democrats are calling for an investigation into whether their Republican colleagues aided President Trump’s supporters who violently stormed the U.S. Capitol on Jan. 6 in an effort to overturn the results of last year’s election. Rep. Cedric Richmond, D-La., told Yahoo News that many of his Democratic colleagues are discussing the possibility Republican House members played a role in the attacks. “I would hope no member did this, but the truth is… Source link

(Image: Google) Many of us spent most of 2020 indoors due to the coronavirus pandemic. If you’re curious about where life took you in the past 12 months, however, Google Maps has just the thing. According to 9to5Google, Google Maps is offering “2020 Timeline Updates” that offer stats on where you’ve been. These email updates summarize locations visited over the past year for anyone who has their Location History on Android enabled. In addition to including cities and places you’ve visited,… Source link